Novo Resources Corp T.NVO

Alternate Symbol(s): NSRPF

Metals & Mining Gold

Novo Resources Corp. is a gold explorer focused on discovering gold projects. The Company is engaged primarily in the business of evaluating, acquiring, exploring, and developing natural resource properties with a focus on gold. It has a land package covering approximately 6,700 square kilometers in the Pilbara region of Western Australia, along with the 22 square kilometer Belltopper project in the Bendigo Tectonic Zone of Victoria, Australia. Its key project area is the Egina Gold Camp, where De Grey Mining is farming-in to form a JV at the Becher Project and surrounding tenements through exploration. The Company is also advancing gold exploration at Nunyerry North. It focuses on undertaking early-stage exploration across its Pilbara tenement portfolio. It has also formed lithium joint ventures with both Liatam and SQM in the Pilbara which provides shareholder exposure to battery metals. Its Belltopper Gold Project comprises the adjacent Malmsbury and Queens projects.

TSX:NVO - Post by User

Novo Resources Corp > AISC estimated at $974us/oz March 2021

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Comment by ValueProon Oct 13, 2021 2:11pm

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Post# 34002028

RE:RE:RE:RE:RE:AISC estimated at $974us/oz March 2021

I am no guru, and I certainly don't know what your goals are. For my purposes, I expect Novo to be a big winner over the long term. And I am positioned for that, but this is far from my only holding in the sector.

If you have short-term objectives, there may be better options. On that subject, a discussion is probably not appropriate for a public message board such as this.

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Gold, growth and sustainability in focus for Mandalay Resources